,,ii ,calendar ,no4 #afe #aaith         
,,congress  #ast ,session  ,s4 #hee     
,,in ,,the ,,senate ,,of ,,the ,,united 
,,states  ,march #e1 #bjbe,mr4 ,paul    
7for himself and ,mr4 ,scott of         
,florida7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,homeland ,security   
and ,governmental ,affairs  ,september  
#ag 7legislative day1 ,september #af71  
#bjbe,reported by ,mr4 ,paul1 with      
amendments,omit the parts struck through
 and insert the parts printed in italic 
,a ,,bill  ,to require executive branch 
employees to report certain royalties1  
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,royalty ,transparency ,act4  #b4       
,financial disclosure reports of        
executive branch employees  7a7         
,individuals required ,to file  7#a7 ,in
 general ,section #acajc of title #e1   
,united ,states ,code1 is amended-- 7,a7
 in subsection 7f7-- 7i7 in paragraph   
7#aa71 by striking 2 and and inserting a

 semicolon2  7ii7 in paragraph 7#ab71 by
 striking the period and inserting 2    
and2 and  7iii7 by adding at the end the
 following3  7#ac7 any member of-- 7,a7 
the ,national ,science ,advisory ,board 
for ,biosecurity2  7,b7 the ,advisory   
,committee on ,immunization ,practices2 
7,c7 the ,advisory ,commission on       
,childhood ,vaccines2  7,d7 the         
,national ,vaccine ,advisory ,committee2
  7,e7 the ,vaccines and ,related       
,biological ,products ,advisory         
,committee2  7,f7 the ,defense ,science 
,board2  7,g7 the ,board of ,scientific 
,advisors of the ,national ,cancer      
,institute2  7,h7 the ,homeland         
,security ,science and ,technology      
,advisory ,committee2  7,i7 the ,medical
 ,review ,board ,advisory ,committee2   
7,j7 the ,president's ,council of       
,advisors on ,science and ,technology2  
or  7,k7 any other advisory committee1  
as defined in section #ajja1 including a
 successor to a committee described in  
this paragraph1 that the ,government    

,accountability ,office determines1 in  
accordance with subsection 7j7-- 7i7    
makes recommendations relating to public
 health to an agency or the ,president2 
and  7ii7 has had any recommendation    
fully or partially implemented during   
the #aj years preceding the             
determination4  2 and  7,b7 by adding at
 the end the following3  7j7            
,determination regarding advisory       
committees ,not later than #ahj days    
after the date of enactment of the      
,royalty ,transparency ,act1 and        
annually thereafter1 the ,government    
,accountability ,office shall publish a 
list of each advisory committee that the
 ,government ,accountability ,office    
determines-- 7#a7 makes recommendations 
relating to public health to an agency  
or the ,president2 and  7#b7 has had any
 recommendation fully or partially      
implemented during the #aj years        
preceding the determination4  4  7#b7   
,sunset ,effective on the date that is  
#e years after the date of enactment of 

this ,act1 section #acajc of title #e1  
,united ,states ,code1 as amended by    
this ,act1 is amended-- 7,a7 in         
subsection 7f77#ac71 by striking        
subparagraph 7,k7 and inserting the     
following3  7,k7 a successor to a       
committee described in subparagraphs    
7,a7 through 7,j7 of this paragraph4  2 
and  7,b7 by striking subsection 7j74   
7b7 ,notification of waiver  7#a7 ,title
 #e ,section #acajc7;i7 of title #e1    
,united ,states ,code1 is amended-- 7,a7
 by moving the matter preceding         
paragraph 7#a7 two ems to the left2     
7,b7 by redesignating paragraphs 7#a7   
through 7#d7 as subparagraphs 7,a7      
through 7,d71 respectively2  7,c7 in the
 matter preceding subparagraph 7,a71 as 
so redesignated1 by striking the        
supervising ethics office determines and
 inserting 8the supervising ethics      
office--  7#a7 determines  2  7,d7 in   
subparagraph 7,d71 as so redesignated1  
by striking the period at the end and   
inserting 2 and2 and  7,e7 by adding at 

the end the following3  7#b7 provides   
notification of such waiver to the      
,committees on ,homeland ,security and  
,governmental ,affairs and ,commerce1   
,science1 and ,transportation of the    
,senate and the ,committees on          
,oversight and ,government ,reform and  
,energy and ,commerce of the ,house of  
,representatives4  4  7#b7 ,title #ah   
,section #bjh of title #ah1 ,united     
,states ,code1 is amended by adding at  
the end the following3  7e7 ,any        
exemption-- 7#a7 granted under paragraph
 7#a7 or 7#c7 of subsection 7b7 shall be
 immediately reported to the ,committees
 on ,homeland ,security and             
,governmental ,affairs and ,commerce1   
,science1 and ,transportation of the    
,senate and the ,committees on          
,oversight and ,government ,reform and  
,energy and ,commerce of the ,house of  
,representatives1 including a detailed  
justification for granting the waiver2  
or  7#b7 granted under subpart 7,c7 of  
part #bfdj of title #e of the1 ,code of 

,federal ,regulations1 or any successor 
regulation1 shall be immediately        
reported to the ,committees on ,homeland
 ,security and ,governmental ,affairs   
and ,commerce1 ,science1 and            
,transportation of the ,senate and the  
,committees on ,oversight and           
,government ,reform and ,energy and     
,commerce of the ,house of              
,representatives1 including a detailed  
justification for granting the waiver4  
4  7c7 ,contents of reports ,section    
#acajd7;a77#a7 of title #e1 ,united     
,states ,code1 is amended-- 7#a7 in     
subparagraph 7,a71 by inserting 1       
subject to subparagraph 7,c7 after      
employment by the ,united ,states       
,government2 and  7#b7 by inserting     
after subparagraph 7,b7 the following3  
7,c7 ,royalties received by ,government 
employees and committee filers          
,notwithstanding section #ab7;c7 of the 
,stevenson-,wydler ,technology          
,innovation ,act of #aihj 7#ae ,u4,s4,c4
 #cgaj;a7c77 and section #bji of title  

#ce1 if the reporting individual is an  
officer or employee in the executive    
branch 7including a special ,government 
employee1 as defined in section #bjb of 
title #ah71 or an individual described  
in section #acajc7;f77#ac71 the original
 source and amount or value of any      
royalties received by the reporting     
individual1 the spouse of the reporting 
individual1 or a dependent child of the 
reporting individual during the         
reporting period described in subsection
 7d7 or 7e7 of section #acajc1 as       
applicable1 that were received as a     
result of an invention developed by the 
reporting individual in the course of   
employment of the reporting individual  
with the ,united ,states ,government1   
including any royalty interest payment  
made under the ,federal ,technology     
,transfer ,act of #aihf 7,public ,law   
#ii-ejb2 #ajj ,stat4 #aghe71 an         
amendment made by such ,act1 or any     
other applicable authority4  4  7d7     
,review of reports ,section #acajg7;b7  

of title #e1 ,united ,states ,code1 is  
amended-- 7#a7 in paragraph 7#a7-- 7,a7 
in the first sentence1 by inserting and 
shall1 in the case of an agency or      
office and notwithstanding section #ab  
of the ,stevenson-,wydler ,technology   
,act of #aihj 7#ae ,u4,s4,c4 #cgaj;a7   
and section #bji of title #ce1 publish  
such report on the internet website of  
the agency or office1 as the case may be
 after to any person requesting such    
inspection or copy2 and  7,b7 in the    
second sentence-- 7i7 by inserting 1    
notwithstanding section #ab of the      
,stevenson-,wydler ,technology ,act of  
#aihj 7#ae ,u4,s4,c4 #cgaj;a7 and       
section #bji of title #ce1 after such   
report shall2 and  7ii7 by inserting    
and1 in the case of an agency or office1
 published on the internet website of   
the agency or office1 as the case may   
be1 after made available for public     
inspection2  7#b7 by striking paragraph 
7#b7 and the matterflush text following 
paragraph 7#b72  7#c7 by redesignating  

paragraph 7#c7 as paragraph 7#b72 and   
7#d7 by adding at the end the following3
  7#c7 ,procedure for releasing reports 
to ,members of ,congress                
,notwithstanding any other provision of 
law1 not later than #cj days after      
receiving a request from a ,member of   
,congress1 any agency or supervising    
ethics office in the executive branch   
shall furnish to the ,member of         
,congress a copy of any report submitted
 under subsection 7b7 this subchapter1  
which shall be unredacted1 except with  
respect to social security numbers1     
dates of birth1 home addresses1 rental  
property addresses1 phone numbers1 email
 addresses1 financial account numbers1  
signatures1 and the personally          
identifiable information of dependent   
children4  4  7e7 ,confidential reports 
and other additional requirements       
,section #acaji of title #e1 ,united    
,states ,code1 is amended-- 7#a7 by     
redesignating subsections 7b7 and 7c7 as
 subsections 7f7 and 7g71 respectively2 

and  7#b7 by inserting after subsection 
7a7 the following3  7b7 ,royalties      
received by confidential filers         
,notwithstanding section #ab7;c7 of the 
,stevenson-,wydler ,technology          
,innovation ,act of #aihj 7#ae ,u4,s4,c4
 #cgaj;a7c77 and section #bji of title  
#ce1 the information required to be     
reported under this section shall       
include the original source and amount  
or value of any royalties received by   
the reporting individual1 or the spouse 
or any dependent child of the reporting 
individual1 that were received as a     
result of an invention1 including any   
royalty interest payment made under the 
,federal ,technology ,transfer ,act of  
#aihf 7,public ,law #ii-ejb2 #ajj ,stat4
 #aghe71 an amendment made by such ,act1
 or any other applicable authority4  7c7
 ,procedure for releasing reports to    
,members of ,congress ,notwithstanding  
any other provision of law1 not later   
than #cj days after receiving a request 
from a ,member of ,congress1 any agency 

or supervising ethics office in the     
executive branch shall furnish to the   
,member of ,congress a copy of any      
report submitted under subsection 7a71  
which shall be unredacted1 except with  
respect to social security numbers1     
dates of birth1 home addresses1 rental  
property addresses1 phone numbers1 email
 addresses1 financial account numbers1  
signatures1 and the personally          
identifiable information of dependent   
children4  7d7 ,reports ,not later than 
#fj days after the date of enactment of 
the ,royalty ,transparency ,act1 and    
each year thereafter1 the head of each  
agency shall submit to the ,committees  
on ,homeland ,security and ,governmental
 ,affairs and ,commerce1 ,science1 and  
,transportation of the ,senate and the  
,committees on ,oversight and           
,government ,reform and ,energy and     
,commerce of the ,house of              
,representatives1 and as to each agency 
within the intelligence community 7as   
that term is defined in section #c of   

the ,national ,security ,act of #aidg   
7#ej ,u4,s4,c4 #cjjc771 the head of each
 such agency shall also submit to the   
,select ,committee on ,intelligence of  
the ,senate and the ,permanent ,select  
,committee on ,intelligence of the      
,house of ,representatives1 a report    
relating to confidential financial      
disclosures of officers and employees   
under the jurisdiction of such agency   
for the preceding fiscal year1 which    
shall include-- 7#a7 the number of      
individuals who filed such disclosures  
with the agency under this section1     
including1 if applicable1 the           
subcomponent of the agency that has     
jurisdiction over the individual and the
 reason for filing confidentially2  7#b7
 the number of special ,government      
employees1 as defined in section #bjb of
 title #ah1 that are required to file   
confidential financial disclosure       
reports with the agency under this      
section2 and  7#c7 any additional       
information determined to be relevant by

 the ,director of the ,office of        
,government ,ethics after consultation  
with the ,committees on ,homeland       
,security and ,governmental ,affairs and
 ,commerce1 ,science1 and               
,transportation of the ,senate and the  
,committees on ,oversight and           
,government ,reform and ,energy and     
,commerce of the ,house of              
,representatives4  7e7 ,public          
disclosure of royalties received by     
certain ,federal employees  7#a7        
,definition ,for the purposes of this   
subsection1 the term covered individual 
means an individual who-- 7,a7 is       
required to file a confidential         
financial disclosure report under this  
section2 and  7,b7 reports receiving a  
royalty interest under subsection 7b74  
7#b7 ,requirement ,not later than #ahj  
days after the date of enactment of the 
,royalty ,transparency ,act1 and        
annually thereafter1 each agency shall  
publish a report on the internet website
 of the agency1 listing-- 7,a7 the names

 of all covered individuals2 and  7,b7  
the original source and amount or value 
of any royalties reported under this    
section by each covered individual4  4  
7f7 ,rule of construction ,nothing in   
this section1 or any amendment made by  
this section1 shall be construed to     
limit the ability of an advisory        
committee1 as defined in section #ajja  
of title #e1 ,united ,states ,code1 to  
conduct work related to the function of 
the advisory committee4  #c4 ,preventing
 organizational conflicts of interest in
 ,federal acquisition  7a7 ,in general  
,the ,federal ,acquisition ,regulatory  
,council and the ,office of ,management 
and ,budget shall1 as appropriate1 enact
 or update any regulation necessary to  
ensure that conflict of interest reviews
 for prospective contractors or grantees
 include reviews of royalties paid to   
prospective contractors or grantees in  
the preceding calendar year4  7b7       
,ongoing reviews ,not later than #a year
 after the date of enactment of this    

,act1 and each year thereafter1 each    
agency conducting any conflict of       
interest review described in subsection 
7a7 shall report to the ,committees on  
,homeland ,security and ,governmental   
,affairs and ,commerce1 ,science1 and   
,transportation of the ,senate and the  
,committees on ,oversight and           
,government ,reform and ,energy and     
,commerce of the ,house of              
,representatives1 and as to each agency 
within the intelligence community 7as   
that term is defined in section #c of   
the ,national ,security ,act of #aidg   
7#ej ,u4,s4,c4 #cjjc771 the head of each
 such agency shall also report to the   
,select ,committee on ,intelligence of  
the ,senate and the ,permanent ,select  
,committee on ,intelligence of the      
,house of ,representatives1 on the      
number of identified cases of potential 
conflict of interest related to royalty 
payments and the steps taken to mitigate
 those cases4  #d4 ,severability ,if any
 provision of this ,act1 an amendment   

made by this ,act1 or the application of
 such provision or amendment to any     
person or circumstance is held to be    
unconstitutional1 the remainder of this 
,act and the amendments made by this    
,act1 and the application of the        
provision or the amendment to any other 
person or circumstance1 shall not be    
affected4  ,september #ag 7legislative  
day1 ,september #af71 #bjbe,reported    
with amendments